Energy Update
Without doubt, energy storage has a great role to play in facilitating the integration of renewable energy; and with the rising tide of renewables, the complementary deployment of energy storage is a trend set to continue into 2017 and beyond.
BRASILIA, Feb 2 (Reuters) - The Supreme Court picked its
newest member on Thursday to take over the investigation of
politicians implicated in Brazil's biggest graft scandal, which
is expected to shake the country's establishment and its
government.
OGONILAND, Nigeria, Feb 2 (Reuters) - Listening for the
engines of navy boats hunting illegal refineries in the swamps
of Nigeria's Niger Delta, workers heat up crude oil in a tank
next to a waterway.
FRANKFURT, Feb 2 (Reuters) - Allianz and Japanese
bank Mitsubishi UFJ Financial Group (MUFG) have
invested in a U.S.-based wind park owned by French utility EDF
, Allianz said, as the German insurer expands its
renewables portfolio.
ATHENS, Feb 2 (Reuters) - Athens must speed up the
privatisation of Greek natural gas grid operator DEFSA because
delays in the process are having a negative impact, the
company's chief executive said on Thursday.
Feb 2 (Reuters) - Oil and natural gas explorer Vanguard
Natural Resources LLC filed for bankruptcy protection,
adding to a long list of energy firms that have succumbed to
weak oil prices.
RIYADH, Feb 2 (Reuters) - Saudi Aramco is likely to list its
shares simultaneously on more than one exchange but this is
still under evaluation, Energy Minister Khalid al-Falih said on
Thursday.
Feb 2 (Reuters) - ConocoPhillips, the largest U.S.
independent oil producer, posted a much smaller quarterly loss
from a year earlier, when it recorded a $2.7 billion charge.
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